Would protectionism defuse global imbalances and spur economic activity? A scenario analysis

DOI10.1016/J.JEDC.2007.05.012zbMATH Open1181.91214OpenAlexW3124187935MaRDI QIDQ844753FDOQ844753

Authors: Hamid Faruqee, Douglas Laxton, Dirk Muir, Paolo Pesenti 

Publication date: 19 January 2010

Published in: Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL: http://www.nber.org/papers/w12704.pdf

Recommendations

• Trade imbalances and harmonization of competition policies
• Globalization, Trade Imbalances, and Labor Market Adjustment
• Unintended consequences: can the rise of the educated class explain the revival of protectionism?
• Reducing global imbalances: can fixed exchange rates and current account limits help?
• The new open economy macroeconomics: a critical appraisal

zbMATH Keywords

trade policycurrent account deficitmulti-country DGE modelsnet asset positions

Mathematics Subject Classification ID

Dynamic stochastic general equilibrium theory (91B51) Multisectoral models in economics (91B66)

Cites Work

• Tariffs in monopolistic competition models with leisure-consumption trade-off

Cited In (4)

• Protectionist demands in globalization
• Unintended consequences: can the rise of the educated class explain the revival of protectionism?
• Trade imbalances and harmonization of competition policies
• Fiscal stimulus and the role of wage rigidity

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